Trump Truth + wants to add crypto wallet and token to subscribe utility

Trump Media & Technology Group explores the addition of service token and digital wallet for its streamplace platform, truth +, which would allow users to pay subscriptions.

According to a letter instructed to shareholders, General Director and President Abdomen Media Devin Nunes declared a platform considering numerous innovations related to crypto related to users in what the company considers “the ecosphere of truth”. Among these proposed characteristics, the company considers adding a reward program that includes its own service token for his service streaming, truth +.

The concept of truth + digital wallet and token aligns with the company’s future plan to monetize the truth + through advertising and subscription packages that offers user premium content.

“We investigate the introduction of utility to the truth of a digital wallet that can initially be used to pay for the costs of the truth + subscription, and later applies to other EcoSper’s truth products,” Nunes wrote.

If implemented, users could use the utility material to pay various other products and services associated with Trump media, potentially, including the social platform of the company’s social and financial technology and financial technology and financial authorities.

Other crypto-related endeavors

In addition to considering digital wallet and subsequent token, the company plans to launch two financial products through the truth.fi this year, one of which is the creation of personal trading funds or ETFS. The letter stated that ETFS truths.fi will offer both cryptocurrency and traditional actions.

As before export Author: Cripto.nevs, Istina.fi has established a partnership with CRIPTO.com and Assert Manager Iorkville America Digital to launch its own customizable CRIPTO-ETFS.

To bring these proposed plans to reality, Trump Media is ready to invest as much as 250 million cash reserves, Bitcoin (Btc) Investments and other cryptocurries or securities associated with the crypt, with the guardianship provided by Charles Schwab.

Trump Media and Group Technology has become a public trade in March 2024. And once reached an estimate of $ 8 billion. At the time of pressure, the company’s market cap currently stands at more than $ 5.5 billion.

Since he took office, President Donald Trump has adopted a much more cryptologically acceptable approach compared to Biden administration. So far, Trump Administration has issued an executive order to create a strategic bitcoin reservepush for stablecoin legislation and dissolved National Cryptocurlency Unit through the US Ministry of Justice.

The team was recently behind official Trump (Abdomen) Meme Coins announced that it would hold an exclusive dinner with the president for the upper 220 holders of the Presidential Meme Coins. The founder of the Tron had already had Justin Sun registeredPlacing a wallet to the upper place.